Loss in the millions
Sonos boss Spence resigns after app disaster
Following the failed update of the company's important app, the CEO of speaker manufacturer Sonos has resigned. Patrick Spence will step down from his position. This was announced by the company from Santa Barbara in the US state of California on Monday.
His successor will be Tom Conrad, the former head of the health app provider Zero Longevity Science.
Sonos had introduced a new version of its app in May 2024, after which important functions could no longer be used. Users who could no longer access their music libraries or set timers reacted with outrage.
The company put the repair costs for the app at 20 to 30 million dollars and announced that six percent of jobs would be cut. CEO Spence and seven other executives later announced that they would forgo their bonuses because of the incident.
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